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Most colleges and universities have a campus activity board that brings entertainers and special events to campuses.To locate and hire these entertainers,many campuses send their student activity board members to a national NACA (National Association of Campus Activities) convention.More than 100 entertainers,talent agencies,and companies that provide promotional services exhibit their products at these conventions in an area similar to a trade show.(Conference attendees call this the Marketplace. ) Approximately 20 entertainers are selected to present a short program (called a showcase) in which they demonstrate what they would do if hired to perform on campus.Many other entertainers have videos and CDs,which they hand out to student attendees.Only one or two members of any student group can set up a contractual agreement with an entertainer or his or her agency.Other student attendees provide input as to which entertainers best match the demographics of their institutions.
-Refer to College Entertainers.The student activity board members who attended a NACA convention were approached by a talent agent who represents a group of comedians who have been known to use profane language in their routines.Several of the students told the agent that type of language would not be welcome at their college.The agent promised the group that the comedians were able and willing to perform an act that the students could bring their grandmothers to see without being embarrassed.In this example,what was the agent doing?
Installation Costs
Expenditures associated with setting up equipment or systems, which may be capitalized or expensed depending on accounting policies.
Net Income
The profit a company has after all expenses, taxes, and deductions are subtracted from total revenue.
Sales Tax
Sales tax is a tax imposed by governments on sales of goods and services, collected by the retailer at the point of sale.
Installation
Installation involves setting up or putting into place a piece of equipment or system, often requiring technical skills and specific procedures.
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